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Millennial Brand Favorites Revealed in New Survey

Millennials’ favorite food and beverage brands in 2021 highlight a taste for convenience, comfort, and quality with a focus on affordability. The popularity of private labels and non-traditional retailer formats are also on the rise. …

Amazon, Walmart Taking Different Approaches on Retail Technology

Amazon-owned grocery stores are poised for a technology upgrade, specifically in checkout. AUTOMATION Amazon is bringing automated checkout technology to full-size supermarkets, reported Bloomberg (April 22). Planning documents for a store under construction in Brookfield, …

A Closer Look at Gen Z’s Eating and Shopping Habits

Food is Gen Z’s No. 1 wallet priority at 23%, according to Piper Sandler’s annual Taking Stock with Teens survey. The survey highlights discretionary spending trends and brand preferences from 7,000 teens across 47 U.S. …

What’s In-Store for Walmart? New QSR Partners

Breaking up is hard to do, but Walmart and McDonald’s seem to have made the split on decent terms. McDonald’s recently announced plans to shutter hundreds of its locations positioned within Walmart stores. After the …

Walmart, Kroger and Other Retailers Continue to Innovate

Walmart is tapping automation to help its store fleet handle last-mile grocery delivery, adding local fulfillment centers (LFCs) that will turn parts of them into mini warehouses and speed up fulfillment for local customers. The …

Restaurants Combining with Retail Stores to Drum up Sales

As COVID-19 continues to dampen sales at restaurants, some are trying a new strategy by opening in retail stores, which have profited from the pandemic. Hy-Vee Inc. is preparing to open its 20th Wahlburgers at …

Walmart is Shedding Global Operations, Focusing on Digital

Walmart has recently made business moves that  indicate it’s shifting its focus from international markets to digital operations. International Divestures In 2018, Walmart sold an 80% stake in its Brazilian operations to a global profit …

Walmart and Ocado Make Opposing Moves with Robots

Walmart decided to stop using robots that move through the aisles checking inventory levels and prices after seeing the results from about 500 stores. In January, the retailer announced plans to expand use of the …

Walmart Sells Majority Stake in Asda

Walmart sold a majority stake in Asda to a consortium that includes brothers Zuber and Mohsin Issa and the private equity firm TDR Capital in a deal that values the supermarket chain at about $8.8 …

Major Food Companies Aim to Reduce Emissions

Several food companies are looking to set a good example for the industry by creating eco-friendly initiatives to become more sustainable—particularly when it comes to emissions. Walmart Big retailer Walmart is aiming for zero emissions …

Why is Big Business Interested in TikTok?

TikTok, a platform where some 50 million U.S. daily users share short-form videos, has been receiving attention in the media as the Chinese-owned company searches for a U.S. buyer. The app is not only a …

Food Institute Report

Food Industry Attracts Major Investments Several notable food business investments occurred the last few weeks. Some of the more interesting ventures involve Apeel Sciences, Slice, and Albertsons Cos.—all of which will impact the industry in ...
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Going the ‘Extra’ Last Mile for Deliveries

As delivery becomes more crucial in business, companies are always innovating to find the ideal way to complete the last mile. Amazon Prime’s free and fast shipping set the bar for the industry. During the …